logo


Company Set up in Dubai Academic City

Company Formation in Dubai Academic City

A brief introduction to and detailed information on requirements for company set up in Dubai International Academic City  follow:

Dubai International Academic City (DIAC), established in 2007, is the world’s only Free Zone dedicated to Higher Education. DIAC is part of TECOM Investments’ Education Cluster, along with Dubai Knowledge Village. DIAC is located on a fully-appointed 18 million sq. ft. campus with 27 Academic institutions from 11 countries.

Types of Companies allowed in Dubai Academic City
Types of Companies in Dubai Academic City FZ-LLC Branch of Foreign Company Branch of UAE Company
No of Share Holders Required Min 2- Max 5

Min 2- Max 5

Min 2- Max 5
Type of Share Holders (Individual/Company) Individual/Company

Individual/Company

Individual/Company
Initial Capital Required AED 50,000 NIL NIL
Share Holder Changes 1 Year 1 Year 1 Year
Specific Documents Corporate

Natural 1) Certificate of Registration of the parent 1) Copy of a valid Trade License issued by the Department of Economic Development for the parent company.
In Case of Foreign Companies- 1) Application form for registration 2) Certificate of Good Standing, if the parent company is more than two years old 2) Copy of the Commercial Registration issued by the Department of Economic Development for the parent company.
1) Certificate of Registration of the Corporate Person
(Original or notarized)
2) CV of Shareholder(s) 3) Memorandum and Articles of Association of the parent company along with a list of the current Directors 3) Memorandum and Articles of Association of the parent company along with a list of
current Directors.
2) Certificate of Good Standing (Original or notarized) 3) Valid passport copy of Shareholder(s) 4) Board Resolution of the parent company (Notarized and Legalized) calling for the establishment of a Branch in the Dubai Technology and Media Free Zone and guaranteeing full financial commitment 4) Board Resolution of the parent company calling for the establishment of a Branch in the Dubai Technology and Media Free Zone and guaranteeing full financial commitment – Notarized and Legalized
In Case of UAE Companies-

4) Bank reference letters for shareholder(s) 5) Valid Passport copy of the Manager. 5) Valid Passport copy of the Manager.
1) Copy of Trade License for the Corporate person

5) Specimen signature of shareholder (s) 6) NOC from the current Residency visa Sponsor of the Manager in the U.A.E. (if 6) NOC from the current Residency visa Sponsor of the Manager in the U.A.E.
2) Copy of Commercial Registration for the Corporate person 6) Resolution calling for an establishment of a FZ-LLC in the Dubai Technology and Media free zone and guaranteed full financial
commitment.
7) Specimen signature of the Manager. 7) Specimen signature of the Manager.
3) MOA and AOA along with the list of Directors.(Original or Notarized copy) 7) Valid Passport copy of Manager and Director(s) 8) Registration and License fees. 8) Registration and License fees
4) Board resolution of the corporate person 8) NOC from the sponsor of residency visa of the Manager in UAE 9) Signed copy of the Personnel Secondment Agreement (PSA). 9) Signed copy of the Personnel Secondment Agre
5) Valid Passport copy of Manager and Director(s) 9) Specimen Signature of the Manager & Director(s) 10) Signed Certificate of an Authorization for Government Services Operations (GSO). 10) Signed Certificate of an Authorization for Government Services Operations (GSO).
6) NOC from the sponsor of residency visa of the Manager in UAE

10) Copy of land deed issued by the Dubai Land Department. 11) No Objection Certificate or Preliminary approval issued by:
a. Dubai Municipality’s Public Health Department
for Restaurant, Coffee Shop, Cafeteria, Ice Cream
Shop, Beauty Salon, Laundry, Kiosk and Convenient
Store.
b. DOHMS for Health Club, Fitness Centre, Spa
Club, Hospital, Medical Clinic, Dental Clinic,
Medical Laboratory, Pharmacy, Physical Medicine
and Rehabilitation Centre.
7) Specimen Signature of the Manager & Director(s) 11) Current dated certificate of ownership of land issued by Dubai Land Department.
8) Proof of share capital from a bank in UAE 12) Copy of land Lease Agreement issued by
TECOM
9) Registration and license fees 13) Proof of share capital from a bank in UAE
10) MOA &AOA of the proposed FZ-LLC. 14) MOA & AOA of the proposed FZ-LLC.
11) Signed copy of Personnel Secondment Agreement
(PSA)
12) Signed Certificate of an Authorization for
Government Services Operations (GSO).
If the applicants include Natural and Corporate person as Shareholder (s) then all the documents
mentioned in the above two columns will be required
Types of Licenses allowed in Dubai Academic City
License Types/ Activities in Dubai Academic City
Service: Insurance,Courier, Travel Agency, Tour, Car Rental, Recruitment Agency, Computer and Electronic Accessories, Telephone Accessories, Digital Printing and Copying,
Stationery, Kiosk, Restaurant, Coffee shop, Cafeteria, Ice cream Shop, Bread & Backery Catering Servuces, Hospital, Dental Clinic, Poly Clinic, Medical Laboratory, Pharmacy, Optician, Physical Medicine and Rehabilitation Centre, Medical Spa, Health Club/Fitness Centre, Beauty Salon Men, Beauty Salon Ladies, Beauty Salon, Spa Club, Childcare Nursery, Book Store, Music and Video, Flower Shop, Specialty Store, Convenience Store, Supermarket, Hypermarket, Commercial Bank, Money Exchangers, Photo Studio, Laundry etc.
Consultancy: Legal Consultants, Lawyers & Advocates, Auditing of Accounts etc
Regional Head Quarters Marketing Office, Representative Office, Call Centre etc.
Hotels and Leisure Services Hotels and serviced apartments licensed in accordance with Decision No.2 of 2006
Property Management Services
Education Higher Education, Online University, Non-Acadamic Services, Free-lancers, Branch School, Boarding School

License Charges for Companies in Dubai Academic City – AED 15,000 + AED 3,500 Registration Fees

Office facilities & Visa requirements in Dubai Academic City
Office & Visa facilities in Dubai Academic City Area Cost Visas Offered
Land 250 sq. ft. and upwards AED 12 per sq. ft. Occupancy of 80 sq. ft. per Visa
University 18000 sq. ft. and upwards AED 110 per sq. ft. Occupancy of 80 sq. ft. per Visa
Commercial Office 1500 sq.ft. and upwards AED 130 per sq. ft. Occupancy of 80 sq. ft. per Visa
Business Centre (Fully Furnished) 169 sq.ft. and upwards AED 300 per sq. ft. occupancy of 40 sq. ft. per Visa

Get in touch with us by clicking the button below to discuss details, questions and concerns regarding your company set up in Dubai International Academic City.

While every effort has been made to ensure that the most recent and pertinent information is available on this site, it is possible that some of this information may have changed after it was posted here. Please note that this information does not constitute legal or professional advice. Please write to us at admin@kpi-global.com for the latest information and appropriate advice.